15.39 PM: Closing Bell: Market breaks the 10-day winning streak; Sensex cracks 1,066 pts, Nifty below 11,700 on profit booking

Market Close: Profit booking on the Dalal Street broke the 10 consecutive day rally of the benchmark indices on the back of weak global markets and selling seen in the IT, banking and pharma sectors.

At 15:30 hrs IST, the Sensex is down 1,066.33 points or 2.61% at 39728.41, and the Nifty down 290.60 points or 2.43% at 11680.40. About 802 shares have advanced, 1797 shares declined, and 145 shares are unchanged.

Asian Paints, Coal India Hero MotoCorp and JSW Steel were among major gainers on the Nifty, while losers were Bajaj Finance, Tech Mahindra, IndusInd Bank, ICICI Bank and SBI.

All the sectoral indices ended in the red. BSE Midcap and Smallcap indices fell over 1 percent each.

News Source:- MoneyControl

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